As it turns out, according to the new report from the Bureau of Labor Statistics, the totals fell short of those expectations. CNBC News reported: Job creation sputtered in August, adding to recent signs of labor market weakening and likely keeping the Federal Reserve on track for a widely anticipated interest rate cut later this month.

In a research note published Aug. 25, Barclays economists shared their view that the U.S. economy has likely entered a “stall state.” The bank's “tipping points” model now places odds of a recession within the next two years at 50%.

Experts cited heightened uncertainty around trade and monetary policy among the many factors fueling gold's recent rally.

Payroll gains for June and July were revised down by a total 21,000 and now reveal the economy shed 13,000 jobs in June - the first job losses since the depths of the pandemic in December 2020.Start the day smarter.

The US economy remains on track to post a moderate downshift in growth in next month’s third-quarter GDP report. Read more here.

U.S. employers added just 22,000 jobs last month as the labor market continued to cool under uncertainty over President Donald Trump’s economic policies.

Employers have curtailed hiring as tariffs push up prices and squeeze consumer budgets.

If the American economy is a three-legged stool, one of those legs is broken, the other is wobbly and the final one is holding it all up (for now). That’s how Mark Zandi, chief economist at Moody’s Analytics described the results of his analysis of state-level economic data.

Swiss economy minister Guy Parmelin is due to meet senior U.S. administration officials on Friday in his country's latest effort to negotiate down the crippling 39% tariffs imposed by U.S. President Donald Trump on most Swiss exports.

Bridgewater's billionaire founder sees dangerous 1930s parallels as government intervention increases and debt reaches World War II levels.